Business Editors NOTE TO EDITORS: The following is an investment opinion issued by EquityAlert.com VANCOUVER, B.C.--(BUSINESS WIRE)--July 19, 2000--EquityAlert.com (OTCBB:EINC) Transgenomic Gains 60.00% On IPO EquityAlert.com, Inc. (www.EquityAlert.com), one of the largest re-distributors of public company and mutual fund news alerts, today forwarded free real-time news alerts on a wide range of NASDAQ and NYSE stocks. Among the active issues in the news on Tuesday, July 18th, was Transgenomic Inc. (NASDAQ: TBIO). The Company gained 60.00% after the Company announced its initial public offering of 4,480,000 shares of common stock at an initial public offering price of $15 per share. This offering has been increased from the original filing of 4,000,000 shares at an offering price range of $12 to $14 per share. Another active issue was Shandong Huaneng Power Development Co. (NYSE: SH; "SHP"). The Company and Huaneng Power International, Inc. "HPI," announced that the companies have signed a merger agreement under which SHP will be merged into HPI upon effectiveness of the transaction, with HPI being the surviving entity after the transaction. The shareholders of SHP will exchange all of their shares in SHP in return for a one-time cash payment of RMB1.34 per common share (or US$8.0922 per ADS, each representing 50 common shares), with total consideration of approximately RMB5,768 million. Additional recent press releases on active issues included Somnus Medical Technologies Inc. (NASDAQ: SOMN), Commerce One Inc. (NASDAQ: CMRC) and Citrix Systems Inc. (NASDAQ: CTXS). EquityAlert.com's real time public company news alerts are a free service that allows pro-active investors to receive email news alerts on the stocks they own or plan to own, thus allowing them to take advantage of potentially significant price moves that often follow time-sensitive news announcements. For more information on these and other actively traded issues on all major US markets, please visit our Web site located at www.EquityAlert.com. ABOUT EQUITYALERT.COM EquityAlert.com, a wholly owned online asset of EquityAlert.com, Inc. (Symbol: EINC), is a pro-active community of online investors who enjoy a broad suite of free financial news and information, including "live chat," message boards, insider trading, insurance, mortgage and loan information, online banking, consumer credit and charge card products, mutual fund news alerts via email, conference calls, and much more, including EquityAlert's most popular feature - free real time public company news alerts via email. EquityAlert.com's real time public company news alerts are a free service that allows pro-active investors to receive email news alerts on the stocks they own or plan to own, thus allowing them to take advantage of potentially significant price moves that often follow time-sensitive news announcements. For additional information about EquityAlert.com, please visit our Web site at www.EquityAlert.com or contact Gurm Kundan at 604/659-5009. For advertising information, please contact us at 877/586-1200 (toll free) or by email at Advertising@EquityAlert.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, as amended by Public Law 104-67 and is subject to safe harbor created by these sections. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to continually expand its subscriber base and opt-in email lists, market its services to potential advertisers and future acceptance of the Company's services.
EquityAlert.com Announces Investment Opinion, No. 2 of 2
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